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NeeteshJain
Short

JSW Steel Breaking Out Diagonal Pattern (Bearish)

JSW STEEL LTD (BSE:JSWSTEEL)  
NeeteshJain  
BSE:JSWSTEEL   JSW STEEL LTD
diagonal breakout jsw steel NIFTY
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3
195 1
diagonal breakout jsw steel nifty
The price action on hourly charts indicates that there is high selling pressure that has broken out from preceding diagonal pattern. It simply indicates weakness and dominance of sellers.

Target 1: 1668 (i.e. Fibs retracement levels of 0.382)

Stoploss: 1840
Sep 16
Trade active: Now pursuing to target 1, get your shorts on

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AMBRISH
thanks.
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